I didn't know what to get my mom for Christmas.

Then it hit me on the mail trail yesterday afternoon. Recently she mentioned that she wanted to learn more about the cause of inflation. My uncle and I talk about it around her often.

Her mom, my grandma, lives with her. They're both on a fixed income. They're feeling the pinch of inflation at the grocery store and beyond.

My mom and I started buying Bitcoin the summer after my dad passed away in January of '22. His pension went with him. Six months before that my grandpa passed. So things started to look scarce.

I was just getting into Bitcoin. And one thing I learned was that the government could not inflate it away like our dollars. It seemed like a perfect fit for her.

She took to to Bitcoin with ease. By now I have talked to enough people to see roadblocks arise for most people. Big enough to keep them from buying. Every Bitcoiner who I know has went through this. It's new, risky, and volatile. But Bitcoin keeps knocking.

Michael Saylor, who knows a thing or two about Bitcoin, says people later in life tend to only adopt Bitcoin because they are unusually curious or desperate.

Together we fit into both categories.

So I pulled over on the shoulder of the icy town road, clicked on Amazon, and the rest is history.

Our Bitcoin education will deepen with "The Big Print," by nostr:nprofile1qqsxc56ajk5xtxerf4dqspgrfa0s5elrcr80lnz9nasldq87j3zzf0cc5h4hk

It should get here on Christmas Eve. I will deliver it. :-)

#bigprint #bitcoinbooks #inflation #federalreserve #money

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Discussion

From the point of view of someone else on a fixed budget, bitcoin is still risky and volatile if you’re only in it for profit. But if you’re like me and you see the value of a dollar eroding in front of your eyes, in real time, the risk of buying bitcoin is far less.

I know a lot of people focus on the short term and see that Bitcoin has gone down considerably in the past month or so, but if you back out and take in the whole picture, you realize that Bitcoin is still on an upward turn.

Trying to buy bitcoin every month has proven to be a futile endeavor since I never have enough cash to get through the month and end up selling my Bitcoin. So, I am now approaching it from a different angle, mining.

I spent what little extra cash I have on a miner, nothing special, only about 1.5Th/s, but if I buy one every month, it will start to add up. And thanks to the efficiency of the bitaxe, my electric bill will hardly see a change at all, it would be like leaving a couple lights on all the time and that is well worth the extra cost if the end result means I am slowly stacking sats. This may be something your mom and grandma could look into as well.

Thank you

You're welcome! Thank you for your work.